eGain (NASDAQ:EGAN) Issues Q4 2024 Earnings Guidance

eGain (NASDAQ:EGAN) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 0.010-0.030 for the period, compared to the consensus EPS estimate of 0.010. The company issued revenue guidance of $21.1 million-$21.4 million, compared to the consensus revenue estimate of $22.0 million. eGain also updated its FY 2024 guidance to 0.320-0.340 EPS.

Analyst Ratings Changes

Separately, Roth Mkm lowered their target price on eGain from $15.00 to $12.00 and set a buy rating on the stock in a research note on Friday, February 9th.

eGain Trading Up 3.6 %

Shares of NASDAQ EGAN traded up $0.23 during midday trading on Thursday, hitting $6.62. The company’s stock had a trading volume of 122,036 shares, compared to its average volume of 89,725. The stock has a fifty day moving average price of $6.28 and a 200 day moving average price of $6.91. The firm has a market capitalization of $206.56 million, a price-to-earnings ratio of 30.09 and a beta of 0.55. eGain has a one year low of $5.50 and a one year high of $8.52.

eGain (NASDAQ:EGAN) last posted its earnings results on Thursday, February 8th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. eGain had a return on equity of 11.01% and a net margin of 7.33%. The firm had revenue of $23.82 million for the quarter, compared to the consensus estimate of $23.53 million. On average, equities research analysts predict that eGain will post 0.16 earnings per share for the current fiscal year.

eGain Company Profile

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.